Global Styrene Isoprene Styrene (SIS) Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are rising enormously across the globe. Styrene Isoprene Styrene (SIS) is also termed, as styrene-isoprene block copolymers (SBR) are the thermoplastic elastomers that have both the resilience and elasticity of isoprene rubber. Moreover, it has an ability of polystyrene to be molded and shaped under the effect of heat. They are known to have low-temperature durability, high strength, and excellent elasticity.

On the other hand, these are non-polar polymers containing low resistance to hydrocarbon oils or many solvents. These materials are exclusively used in bitumen products, sealants, shoe soles, gasket materials, toy products, hot melt adhesives, impact modifiers, toughness in plastics, and rubber bands. Styrene Isoprene Styrene (SIS) Market is segmented based on types, applications, and region.

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Types such as Radial, Linear, and others classify Styrene Isoprene Styrene (SIS) Market. Applications into Coating, Pressure Sensitive Adhesives, and others classify the market. Styrene Isoprene Styrene (SIS) Industry is segmented geographically into Americas (North America, Latin America), Europe (Eastern Europe, Western Europe), Asia Pacific, Latin America, Middle East and Africa.

Globally, North America accounts for the largest market share of Styrene Isoprene Styrene (SIS) Industry and is estimated to lead the overall market in the upcoming years. The reason being, rising use of enhanced technology. Europe and Asia Pacific will follow suit. Europe is the second largest market for Styrene Isoprene Styrene (SIS) Market with significant market share. The reason being, growing aging population in the region. On the other hand, Asia Pacific is estimated to grow at fastest pace in the years to come. China and India are estimated to be the major consumer of the market in the upcoming years.

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The key players of Styrene Isoprene Styrene (SIS) Market are JinhaiChenguang, Kraton, Zeon, Sinopec, Jusage, LCY, Versalis, and TSRC. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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